The Office of Finance and Administration is responsible for managing the funds and resources that allow the University to educate and prepare students to serve others and lead productive lives. Our exceptional growth requires conscientious fund allocation to make sure assets are available to deliver the quality education students expect. The Office of Finance and Administration is committed to bringing the best resources to bear, create, and sustain a learning environment where students can thrive. Together, the team hopes to lead by example through their integrity, hard work and overriding concern for the success of the University.
The Senior Financial Officer position is responsible for the financial planning and analysis of several University businesses. This position is responsible for analyzing financial statements and predicting future performance. This includes forecasting future revenues and expenditures, as well as, assisting in the budget process. The Senior Financial Officer position is responsible for assisting in the creation of and in keeping track of financial plans. Analyzing the performance, alongside changes and market trends, to create forecasts and calculate variances between those forecasts and actuals. This position will track down and explain the causes of these variances.
•Envisions, develops, articulates, and implements plans for achieving alignment of the departments’ financial, service, and operational goals and priorities; engages with fellow senior officers, faculty and professional staff colleagues, and UNT Dallas officials to achieve goals and priorities, and to anticipate, identify, and deal with financial and operational challenges; evaluates and reports progress achieving plans using data analytics, particularly actual and projected spending against budgets and available funding; and updates goals and priorities with direction from the EVP/CFO. •Sets the overall direction for service excellence, financial planning, budgeting and forecasting, and fiscal risk management; applies financial plan objectives and budget projections to make funding decisions involving campus planning and facilities, operational and technological infrastructure, and other capital investment initiatives; prepares and delivers budget presentations, announcements, and regular progress reports; co-approves with the department heads hiring and compensation proposals; provides financial consultation related to faculty hiring and compensation; and represents UNT Dallas financial initiatives and activities. •Managing all accounting, budget and financial reporting aspects for UNT Dallas Auxiliaries. •Managing the operating budget cycle for UNT Dallas Auxiliaries. •Maintaining and improving business processes within PeopleSoft Finance and PeopleSoft Accounts Receivable. •Prepare annual financial statements in preparation for independent audit. •Staying up-to-date with state and federal laws and regulations to ensure compliance. •Reviews, prepares, and interprets various documents and/or contracts. Negotiates comprehensive contracts that have a large scale impact. •Review all vendor financial statements, analyze data to ensure best practices, determine trends and identify problems. •Track the financial performance and prepare routine ad hoc reports, financial analyses, and records on Auxiliary portfolio activities, progress, status or related special reports for the EVP/CFO. •Refer unfamiliar issues to appropriate department personnel. •Evaluate financial performance of Auxiliary businesses. Make recommendations to ensure strategic initiatives are met within budget constraints. •Serve as advisor to Auxiliary businesses on budget, fiscal, personnel, contracts, agreements, procurement, cost analysis, general accounting, alumni affairs, and other University matters, as appropriate. •Strong organizational, leadership, personnel management, and communication skills are required for this position. This position requires a high degree of self-direction including ability to multi-task and meet multiple deadlines on short notice, and the ability to work collaboratively and cooperatively in a complex organization. •Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate regulatory requirements. •Maintain internal control safeguards and coordinates all audit activities. •Continually review processes and procedures to ensure a strong system of internal controls. •Prepare and review financial statements for the Foundation and compute appropriate ratios to aid in planning. •Oversee process to engage independent auditor working closely with the Foundation Board. Work with auditors and University staff as needed during the audit and reporting phases. •Coordinate the preparation of the operating and capital budgets and long-range financial plans for the Foundation; establish targets; provide communications to staff; develop appropriate budget schedules; submit completed budgets and long-range plans which meet or exceed the expectations of the Foundation leadership in a timely and accurate manner. •Coordinate the investment functions of the Foundation by working as the liaison for the executive director of the Foundation, investment committee of the Foundation Board, the University CFO, the Foundation investment advisory firm, and the custodial bank to ensure compliance with Foundation Board approved investment policies. •Oversight and development of an accounting and finance standard operating procedures manual. •Responsible for maintaining a positive work atmosphere by acting and communicating in a manner to foster teamwork and by providing leadership to subordinates. Requires consistent, on-time attendance. •Leads the administration, management, and finances of major support services, including dining, the campus bookstore, parking, ID cards, student residential housing, accounting/payroll for University-wide revenue generating areas, vending operations, and lease operations. •Leads the development and management of Auxiliary policies and procedures; develops service benchmarks; identifies areas for improvement ensuring alignment with the University mission and strategic plan. •Maintains pace with national industry standards and best practices, and continuously advances the implementation of innovative and entrepreneurial practices. •Leads the development and management of budgets on a self-sustaining financial basis. Identifies, analyzes, and communicates variances to stakeholders. •Serves as an effective liaison between Auxiliary businesses and other University offices and departments through partnerships and collaborations to ensure the highest levels of customer service for diverse constituents in which quality and price are appropriately balanced. •Oversees the implementation of new software and technology to improve efficiency, performance, and services. •Directs the preparation and maintenance of a variety of narrative, financial, and statistical records; files and prepares reports related to Auxiliary programs, budgets, compliance, services, funds, financial activities, and personnel. •Recommends new and innovative business opportunities in order to generate new alternative revenue streams, and assesses the financial viability of those ventures. •Strategically identifies areas where there are cost savings and revenue generating opportunities. •Accurate and timely monthly financial projections/reports. •Timely, reliable financial reporting. •Responsible for providing analytical data in support of the annual budget preparations. •Serves as the accounting subject matter expert for complex related financial matters. Provides professional general accounting services and support to senior management and clinical and administrative staff. •Manage and conduct the day-to-day accounting duties including the reconciliation and analysis of all accounts. •Managing the monthly, quarterly and year-end financial closing processes and procedures accurately and efficiently. •Organize and lead quarterly balance sheet review meetings with Senior Management. •Monitoring cash flow and approving payments and disbursements. •Assist and lead process improvement projects to automate and streamline current accounting and reporting procedures to maximize the contribution to strategic business goals. •This position will require pulling data from many different sources. A strong understanding of data formats, manipulation, and clear formatting are required. Purchasing, payables, inventory management, and general accounting knowledge are required to understand the data for financial analysis and reports. Advanced knowledge of workflows and processes are important and employed to meet the operational requirements. •Conduct ongoing balance analysis. Report on variances and their causes, with focus on expenditure variances. •Perform financial forecasting, reporting, and operational metrics tracking. •Analyze financial data and create financial models for decision support. •Modeling of allocation methods to distribute administrative overhead costs to Auxiliary departments. •Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements. •Work closely with the accounting team to ensure accurate financial reporting. •Evaluate financial performance by comparing and analyzing actual results with plans and forecasts. •Grow financial performance through analysis of financial results, forecasts, variances, and trends. •Assist with the review and approval of purchase requisitions to ensure compliance with University policies and procedures. •Reconciles monthly chart field/account ledgers from the various University financial systems to the source documents. Consults with Purchasing and Financial Services (or other appropriate central departments) to resolve discrepancies in the reconciliation process. •Maintains supporting documents and prepares financial statements/reports for administration, faculty, and regulatory agencies. Reviews payroll and expense projections and develops a shadow financial system for tracking budget, if necessary. •Completes and submits appropriate documentation for budget transfers, payroll and non-payroll expenditure transfers, pay distributions or cash receipt corrections. Runs queries and reports from accounting systems; reviews, resolves any discrepancies, exceptions; and notifies all appropriate units. Performs internal audits to ensure accuracies. Submits and monitors monthly Auxiliary invoices. Monitors cash and expenditures for the Auxiliary accounts. •Reconciles PCards and approves to appropriate funding sources. Coordinates Purchasing in PeopleSoft systems, receives PO invoices and verifies payment. Coordinates travel arrangements and reimbursements in CONCUR for employees and incoming guests. Tracks all assets and equipment purchased by the department. •Assists with departmental leave coordinator duties to review leave documents on a regular basis for all employees. Assists with auditing vacation and sick leave records, employee timesheets and administers leave payouts. Conducts monthly payroll certification for departmental managers. •Performs other related duties as assigned. •This position will provide detailed accounting and auditing duties that involve a ‘high-level’ of complexity. This position provides accurate and timely fiscal management reports that involve interpretation of University rules, regulations, policies and guidelines.
Bachelor’s degree in Business Administration, Business Management, Accounting, or related field plus eight (8) years of business management experience or any equivalent education and experience.
• Good understanding of standard accounting and business processes. • Interpersonal skills, including working well with a team. • Planning and organizational skills, including ability to prioritize work activities and use time efficiently. • Problem-solving skills, including the ability to identify and resolve problems in a timely manner, and gather and analyze information. • Ability to adapt to a changing environment, manage competing demands, deal with frequent changes, delays, or unexpected events. • Ability to maintain confidentiality. • Ability to compose reports, business correspondence, and financial agreements. • Excellent data management skills. • Excellent verbal and written communication skills including the ability to influence and advocate, when appropriate. • Excellent interpersonal, analytical, problem solving, and conflict resolution skills. • Demonstrated ability to provide high-quality customer service including responsive and timely follow up, as well as, problem solving complex issues and evaluating alternative solutions. • Experience in higher education preferred. • Demonstrable evidence of innovative and progressive thinking which has effected positive change. • A solid understanding of financial statistics and accounting principles. • Ability to interact with departments outside of Finance & Administration. • Ability and desire to thrive in a fast-paced and continually improving environment with ownership of processes from beginning to completion. • Extremely well organized with attention to detail and ability to effectively prioritize in a fast-paced, challenging environment. • Ability to demonstrate initiative, independent judgement, problem solving skills, and participate in making fiscal decisions. • Experience with financial systems applications, spreadsheet and database applications, data flow, report creation, and data interpretation. • Working knowledge of Microsoft Office products such as Excel, Word, and familiarity with or ability to learn other software and web-based financial tools and databases.
Certified Public Accountant (CPA) ·Experience and skill successfully leading and directing financial planning, budgeting and forecasting, and fiscal risk management at a selective higher education institution or other organization of similar complexity and stature, including experience effectively supervising or partnering with the leaders of key operational departments (e.g., campus planning, facilities, information technology, human resources, etc.). ·Knowledge of higher education or nonprofit financial management, including an understanding of the current economic challenges facing colleges and universities, gained through a Master’s degree in business, or a related field of study, or a continuing financial education, and relevant work experience. ·Able to support, contribute to, and strengthen a vibrant, culturally diverse, and inclusive learning community of students, faculty, and staff. ·Able to collaborate with others as primary means to achieve lasting results.
The University of North Texas System and its component institutions are committed to equal opportunity and comply with all applicable federal and state laws regarding nondiscrimination and affirmative action. The University of North Texas System and its component institutions do not discriminate on the basis of race, color, sex, sexual orientation, gender identity, gender expression, religion, national origin, age, disability, genetic information, or veteran status in its application and admission processes, educational programs and activities, and employment practices.
Internal Number: S825P
About UNT System
With nearly 10,000 employees in the DFW metroplex, UNT System offers a wide variety of career opportunities. We offer staff opportunities at our Denton, Dallas, and Fort Worth campuses, as well as our System offices in Downtown Dallas, and multiple clinics and business offices throughout Tarrant County. Our positions range from entry level to executive, and span career fields such as IT, Healthcare, Finance and Accounting, Administration, Marketing, Police/Public Safety, Facilities, Campus Planning, Maintenance, Research, and many more.